Paperless Hub AP Workflows are designed to streamline company processes and improve efficiency, ultimately leading to increased productivity and profitability.
Bespoke, easy-to-configure workflows that are tailored to meet the specific needs of a company. Paperless Hub AP Workflows are created based on the unique business processes of the organization, and they are designed to streamline tasks and improve efficiency.
With Paperless Hub Workflows, companies can automate tasks and reduce manual tasks, freeing up time to focus on growth.
Custom rules are a set of guidelines that dictate how tasks are handled within the system. These rules are designed based on the company's policies and procedures, and they help ensure that tasks are completed accurately and efficiently. For example, a custom rule might dictate that an invoice must be approved by a manager before it can be processed for payment, or that a form requires validation if of a certain type. Custom rules help ensure that tasks are completed consistently, which in turn reduces errors and improves the overall quality of work.
Automatic approval is a feature that allows certain tasks to be automatically approved within the system. This feature is particularly useful for tasks that are routine and require little human intervention. For example, a purchase order for office supplies might be automatically approved as long as it falls within a predetermined budget limit. Automatic approval can help reduce the workload for employees and improve the speed of task completion.
Reconciliation is a process that involves comparing two sets of data to ensure that they match. In Paperless Hub Workflows, reconciliation is used to ensure that tasks are completed accurately and efficiently. For example, a reconciliation process might be used to ensure that invoice totals are paid correctly and that there are no discrepancies between the amount paid and the amount owed. Reconciliation helps ensure that tasks are completed accurately and can help reduce human errors and fraud.
Paperless Hub Workflows benefits
Increased Efficiency - Paperless Hub AP workflows help streamline tasks, reducing the time and effort required to complete them. Custom rules and automatic approval help ensure that tasks are completed accurately and efficiently.
Reduced Errors - Custom rules and reconciliation help reduce errors, ensuring that tasks are completed accurately.
Improved Compliance - Custom rules can be used to ensure that tasks are completed in accordance with company policies and procedures, improving compliance.
Cost Savings - By automating tasks and reducing manual activities, companies can save on costs and improve profitability.
Improved Visibility - By implementing a system with bespoke workflows, companies can gain greater visibility into their processes, allowing them to identify areas for improvement and make more informed decisions.